Nigeria inflation rises in September

Nigeria inflation quickens to 30-month high in September on rising food cost
Favour Olarewaju & Mercy Ayodele and Favour Olarewaju & Mercy Ayodele Oct 15, 2020

Food inflation rose by 16.66 percent month-on-month compared to 16 percent in August 2020

The consumer price index, (CPI) which measures inflation increased accelerated by 13.71 percent in September 2020, marking the 13th-consecutive uptrend since September 2019 and the highest in 30 months, a BusinessDay analysis shows. Data from the September 2020 inflation report by the National Bureau of Statistics (NBS) released this morning, showed that inflation.

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